Slide 1What are the three Economic Questions? Students will compare the major economic systems in the world and examine their ability to provide citizens with social and…

Slide 1 Slide 2 TraditionalMarketCommandTotal Team 1 Team 2 Team 3 Team 4 Team 5 Team 6 Slide 3 1. Which system had the most incentive to work? Why? 2. Which system had the…

Slide 1 CHAPTER 2 INDIVIDUALISM VS. COLLECTIVISM Slide 2 Liberalism – review  Considers individual liberty and equality of opportunity to be important  Economically…

Slide 1 Chapter 2 Slide 2  1.ECONOMIC FREEDOM- FREEDOM TO MAKE OUR OWN ECONOMIC CHOICES  CHOOSE YOUR OWN OCCUPATION, EMPLOYER, HOW TO SPEND MONEY  2. ECONOMIC EFFICIENCY-…

The 7 Goals of an Economy 1. Economic efficiency- Making the most of your resources, an economy that canât deliver goods isnât efficient. 2. Economic freedom- Freedom from…

CADMUN 2012 START PREP 2.1 ANSWERING THE THREE ECONOMIC QUESTIONS TEXTBOOK PAGE 23 THEN START READING SECTION NOTES BEGIN AT 13.35 ECONOMICS MR. HOOD 05 FEBRUARY 2014 1 2.1…